New York Sportsbooks Produce Second Straight $200 Million Profit Month, Set New June Hold Record

2026-05-13T05:42:06Z

PatriciaI21: Die Seite wurde neu angelegt: „ New York’s nine online sports betting operators eclipsed $200 million in gross revenue for the second consecutive month and set a new state win rate reco…“

New York’s nine online sports betting operators eclipsed $200 million in gross revenue for the second consecutive month and set a new state win rate record in June. - The 12.5% hold beat out the previous 11.5% high set in both August and September 2022. - June revenue spiked 54% from the same month in 2024 while handle rose 11.7%. - FanDuel and [http://tpp.wikidb.info/%E5%88%A9%E7%94%A8%E8%80%85:TrinidadLandry7 DraftKings] had 75.6% of the month's entire gross revenue. The New York Gaming Commission reported Thursday that mobile sportsbooks generated $206.5 million in profit from a $1.65 billion handle. They hauled in $248.9 million in [http://115.190.214.623001/sophiejohn7110 revenue] from $2.21 billion in bets during a record-setting May. June’s 12.5% hold beat out August and September 2022, which were tied at 11.5%, for the highest win rate ever. Online New York sports betting operators enjoyed a whopping 54% year-over-year revenue increase in June, while hold was up from the previous June’s 9.1%. Handle spiked 11.7% year-over-year, but was the lowest in 2025 and second under $2 billion. What a run It’s the first time the U.S.' most lucrative market went over $200 million in back-to-back months since online wagering launched in January 2022. May and June revenue totals combined 34.8% compared to the same two months in 2024. All that [https://www.masercondosales.com/agents/stevenstrader/ operator profit] led to $105.3 million in state tax income, now over $656 million year-to-date. More than $230 million of that was during the last two months. Market leaders own June FanDuel and DraftKings combined to generate 75.6% of New York’s June gross revenue and hauled in 44.8% more profit than in June 2024. DraftKings led all operators with a $607 million handle, but FanDuel used a [https://pokeavalar.pl/wiki/index.php?title=User:LeopoldoFarthing massive] 15.4% hold to generate more income from a $563.7 million haul. Three other Empire State sportsbooks enjoyed double-digit holds in June. Fanatics Sportsbook was one, finishing third with $151.7 million in wagers and $17.3 million in profit. BetMGM also eclipsed a 10% win rate with a $11.9 million revenue on a $116.6 million handle. Caesars stayed above $100 million in bets during June and hauled in a $12.3 million profit, while ESPN BET topped BetRivers in both categories to finish sixth. [http://dustlikestars.de/index.php?title=Benutzer:PatriciaI21 Resorts] World Bet ceased online operations at the end of June and exited New York's market, generating $229,357 in income on a $2.75 million handle in its final month. Operating since March 2022, the [https://artstuffs.com/author/blanchecadwall/ online sportsbook] ends its Empire State run with $266 million in bets and $17.8 million in gross [http://cletina.com/blog/season-essentials revenue]. Weekly handle, [https://analystliberiaonline.com/army-investigating-leaked-classified-audio-as-defense-minister-ziankahn-cools-tension-says-govt-will-fund-army-contingencies-in-mali/ profits rise] slightly New York's [https://www.sirionlus.org/hello-world/ Gaming Commission] also reported Thursday the Empire State’s nine online sportsbooks generated $354.4 million in wagers during the week ending July 6, [https://link.mym.ge/gisellehanson5 including] a long Fourth of July weekend. With a heavy MLB slate and the Nathan’s Hot Dog Eating Contest drawing bettors, handle increased 1.3%. However, the summer slowdown took effect, producing the fourth consecutive week with under $400 million bet, the longest such run in 11 months. New York online sports betting operators hauled in $38.1 million in gross revenue, a more impressive 14.4% [https://www.supercarbeds.com/blog/kids-racing-to-bed week-over-week] spike, but well below the [https://git.openvisor.ch/seth82p2258026/the-bet-9ja-promotion-code-2026-is-yohaig/wiki/The-BET-9JA-promotional-code-for-2026-is-YOHAIG five-week streak] of over $50 million in profit. The 10.7% hold was up from the previous week’s 9.5% win rate. Sports betting operators in New York combined to post a double-digit hold in six of the last eight weeks.

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2026-05-13T05:41:56Z

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New York Sportsbooks Produce Second Straight $200 Million Profit Month, Set New June Hold Record

Benutzer:PatriciaI21